11 Arrested for Operating Illegal Sports Gambling Site Worth 1.2 Trillion Won

Purchased luxury sports car with crime proceeds... Bundles of cash stored at residence

Cash and seized items confirmed at the arrest scene [Gyeonggi Bukbu Police Agency]

[Asia Economy Reporter La Young-cheol] A group that established and operated an illegal sports gambling site worth 1.2 trillion KRW, along with users, were arrested en masse by the police.

According to the Gyeonggi Northern Provincial Police Agency on the 9th, from March this year until last month, a special crackdown on cyber gambling was conducted, resulting in the arrest of 344 people on charges of 'establishing gambling establishments and violating the National Sports Promotion Act.' Among them, 11 people including the main suspects A (45) and B (45, female) were detained.

Police investigations revealed that more than 200 of the 344 arrested were ordinary citizens involved in gambling activities.

Through Interpol red notices and international cooperation investigations, five members of the organization operating the 1.2 trillion KRW illegal sports gambling site, including suspect A who fled abroad, were repatriated to Korea. In total, seven people including the site developers and operators were arrested, with five detained.

Additionally, the crime proceeds of the mastermind currently on the run abroad were identified as approximately 26.432 billion KRW, and a 'pre-indictment seizure and preservation' measure was taken. For their total crime proceeds of about 26.812 billion KRW, a 'pre-indictment seizure and preservation' order was also issued.

Police also conducted a joint crackdown with related agencies (Integrated Supervision Commission for Gambling Industry) and detained two general distributors who established and operated the 'Powerball' gambling site.

It was revealed that they provided users with the ability to place separate bets using the results of the lottery-style electronic lottery game 'Powerball.'

The suspects notably purchased luxury sports cars with the crime proceeds and hid bundles of cash at their residences.

The police confiscated approximately 537 million KRW from them and uncovered additional crime proceeds, resulting in a 'pre-indictment seizure and preservation' order for about 380 million KRW.

The police plan to continue crackdowns on gambling site operators, accomplices, and participants through international cooperation and collaboration with related agencies.

This content was produced with the assistance of AI translation services.